Found by inspector of house I have under contract. The pictures are from the basement bathroom on an exterior wall, the moist spot pictured on the floor is directly below the moist spot pictured near the ceiling. Picasa Web Albums - Bill Richards - 2409 South 11... Picasa Web Albums - Bill Richards - 2409 South 11... The building is 100 years old. Just renovated and someone was moving in the day we inspected. Inspector said it may be due to condensation? Is that feasable? I knocked on the doors of four neighbors to ask if they have problems with water in the basement and all said no.